FRE. The good thing about this trade was all the previous holders who had done their dough cos the trial results come up a big – 'doesn't work' – has no impact on the common cold. SO they assumed they had no hope of recovering losses and dumped it bigtime. Today's anncmnt gives hope that there might be some return after all (I bet there isn't) but punters live in hope.
So upshot was there was always gonna be some buyers at way lower prices than they held before the big dump. Any decent sales results in the future should see plenty of interest too. It could happen. lol
Holders of W2V, FND and ADR should take off their rose coloured glasses and take another look at the FA. imo.
Maybe compare it to the prospects for DRO that has quite a straightforward case for revenues that ordinary punters can understand.
